Avantis International Equity ETF (NYSEARCA:AVDE) Stock Price Crosses Above 200 Day Moving Average – Here’s What Happened

Shares of Avantis International Equity ETF (NYSEARCA:AVDE – Get Free Report) crossed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $89.82 and traded as high as $91.02. Avantis International Equity ETF shares last traded at $90.99, with a volume of 1,073,363 shares trading hands.

Avantis International Equity ETF Trading Up 2.4%

The stock has a 50-day moving average price of $91.14 and a two-hundred day moving average price of $89.82. The stock has a market cap of $19.82 billion, a price-to-earnings ratio of 14.71 and a beta of 0.79.

Hedge Funds Weigh In On Avantis International Equity ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Team Financial Group LLC increased its holdings in shares of Avantis International Equity ETF by 184.5% in the first quarter. Team Financial Group LLC now owns 293 shares of the company’s stock valued at $25,000 after purchasing an additional 190 shares during the last quarter. TD Waterhouse Canada Inc. acquired a new stake in shares of Avantis International Equity ETF during the 3rd quarter worth approximately $27,000. Simplex Trading LLC acquired a new position in Avantis International Equity ETF in the third quarter valued at approximately $36,000. Angeles Wealth Management LLC lifted its stake in shares of Avantis International Equity ETF by 470.6% in the 2nd quarter. Angeles Wealth Management LLC now owns 485 shares of the company’s stock valued at $43,000 after purchasing an additional 400 shares during the last quarter. Finally, Abound Wealth Management purchased a new stake in Avantis International Equity ETF in the 2nd quarter valued at about $44,000.

About Avantis International Equity ETF

(Get Free Report)

The Avantis International Equity ETF (AVDE) is an exchange-traded fund that is based on the MSCI WORLD EX USA IMI INDEX index. The fund is an actively managed portfolio of non-US companies from developed markets, of all market capitalizations, focusing on smaller, value companies. AVDE was launched on Sep 24, 2019 and is managed by American Century Investments.

Further Reading

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